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Don't be in too much of a hurry to sell.

Walter Schloss

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Walter Schloss
Age: 95 †
Born: 1916
Born: August 28
Died: 2012
Died: February 19
Businessperson
Investor
New York City
New York
Walter Jerome Schloss
Much
Hurry
Investing
Sell
Sells
Values

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You have to invest the way that's comfortable for you.
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Don't buy on tips or for a quick move.
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When you buy a depressed company it's not going to go up right after you buy it, believe me.
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Enjoy your work and have ethical standards.
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You have to have patience in this field.
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Don't be afraid to be a loner but be sure that you are correct in your judgement.
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If the stock goes down we want to buy more.
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This is a business. Like any other business.
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Have a philosophy of investment and try to follow it.
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I don't have a ticker-tape machine in my office.
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We like to buy stocks which we feel are undervalued and then we have to have the guts to buy more when they go down.
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Have patience. Stocks don't go up immediately.
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If there are not too many value stocks that I can find, the market isn't all that cheap.
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You have to be a little aware of the emotions of the people who have invested with you.
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We get a feeling, if we can, about what we think the company is worth.
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Buy stocks where the outlook is not good.
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Devise a simple strategy so you can sleep at night.
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Ben didn't want to lose money. He had had a rough time during the depression.
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Don't sell on bad news.
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Fear and greed are probably the worst emotions to have in connection with the purchase and sale of stocks.
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